Fangdd Network Group Ltd. (DUO)

Chinese company providing technology-driven real estate services and solutions.

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Fangdd Network Group Ltd., an investment holding company based in Shenzhen, China, specializes in providing comprehensive real estate information services through online platforms. The company's primary offering is Property Cloud, a software-as-a-service solution designed for real estate sellers to streamline their operations and enhance efficiency.

In addition to Property Cloud, Fangdd operates several platforms tailored for real estate agents. Duoduo Sales, for instance, equips agents with mobile access to marketplace functionalities, enabling them to execute transactions seamlessly on the go. Meanwhile, Duoduo Cloud Agency supports agencies in transitioning their business management from offline to online, offering a suite of tools and services. Duoduo Cloud Sales connects agents with property databases and buyer bases, facilitating online transaction management from sourcing to completion.

Fangdd Network Group Ltd. also provides supply-chain financial products and comprehensive training services, both online and offline, to enhance agent capabilities. The company's Fangduoduo platform caters to potential real estate buyers with personalized services and facilitates information matching, real estate agency services, financial solutions, and channel services.

Through its flagship website, www.fangdd.com, Fangdd offers region-specific real estate news, property data, and access to online communities for real estate agents and buyers. The platform also provides data analysis services, empowering users with insights to make informed decisions. As of December 31, 2021, Fangdd's marketplace boasted approximately 378,000 active agents and covered an extensive network of 157 million properties across China, underscoring its significant presence and influence in the Chinese real estate market.

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